The Bank Negara Malaysia (BNM)’s new responsible financing guideline, which was introduced in November last year, has caused a sharp drop in industry sales.
According to PROTON EDAR Dealers Association Malaysia, their sales was badly effected as the car applicants get a high rejection rate with only 30 per cent of applicants manage to secure a car loans in the first two months of the year.
The Kuala Lumpur Federal Territory Road Transport Department (RTD) have open the bookings for “WWW” vehicle registration numbers until May 14 from 8am to noon. You may start sending your bids.
WWW is the acronym for the World Wide Web and a Federal Territory number. It’s a once it a lifetime opportunity to register this special vehicle registration numbers.
It’s sad that investors who invested over RM100,000 on Canadian land banking through its local chapter Edgeworth Properties (Malaysia) after it went into liquidation.
I have caution all investors in 2008 by giving tips before investing in Land Banking.
Read it at Land Banking: Secret Recipes to Wealth?
Have you ever ask this “wise” question?
“Why are they trying to sell overseas(Canadian) land to Malaysian?”
If the Land Banking is so “good”, why it was not snapped up by all the Canadians at the first place?
